Buyer & owner guide
As a practical rule of thumb, buyers in Lanzarote should budget roughly 8-10% on top of the purchase price to cover transfer tax, notary fees, land-registry costs, and legal fees. The exact figure depends on the property and your circumstances - treat the range as a guide, then ask us for a tailored breakdown. [VERIFY]
Anything marked [VERIFY] is a topic for current legal advice - ask us and we will point you to independent professionals. We will not invent tax rates or filing rules on this page.
Most international buyers find that completion costs land in the region of 8-10% of the purchase price. That typically includes transfer tax (or equivalent), notary, land registry, and conveyancing. It is a planning figure, not a quote - we refine it against the specific home you are buying. [VERIFY]
Transfer taxes and registry costs form the bulk; notary and legal fees sit alongside. Agency fees for buyers, if any, and optional extras (surveys, translations, power of attorney) sit outside or beside that core. Ask us for a line-by-line estimate before you commit. [VERIFY]
Owning also means community fees (if applicable), local taxes, utilities, insurance, and maintenance. These are separate from purchase costs. When you view a property with us, we talk through realistic year-round running costs - not a generic national average.
Rates and thresholds change. Publishing a fixed spreadsheet that looks authoritative but drifts from the law would hurt you. Ask us for a current, situation-specific picture - that is the safe way to budget. [VERIFY]
Common questions
Direct answers from a human-first agency. For legal and tax specifics, ask us and we will point you to independent professional advice.
As a general guide, allow roughly 8-10% above the purchase price for transfer tax, notary, land-registry, and legal fees. Ask us for a tailored breakdown for the property you are considering. [VERIFY]
The 8-10% rule of thumb usually refers to purchase/completion costs (tax, notary, registry, legal). Agency arrangements vary - we will clarify exactly what applies to your purchase before you proceed. [VERIFY]
Purchase costs are driven by the property and your buyer status, not by the word “holiday” alone. Running costs and any letting rules are separate topics - see our holiday-home pillar and ask us about the next steps. [VERIFY]
Yes. One of us will walk you through indicative costs, in your language. For legal and tax line items, we will point you to independent professional advice.
Related guides
Dreaming of a home you use all year? Read about owning a holiday home in Lanzarote.
Buyer reviews
5 out of 5
I WOULD RECOMMEND ROPER PROPERTIES ABSOLUTELY EXCELLENT SERVICE.THEY TOOK CARE OF EVERYTHING 6WKS FROM OFFER ACCEPTED TO COMPLETION. CHRIS WENT ABOVE & BEYOND IN HELPING US PURCHASE A PROPERTY IN LANZAROTE CHRIS HAS GREAT LOCAL KNOWLEDGE OF THE MARKET & OFFERED GREAT ADVICE. EVEN CHECKED THE PROPERTY AFTER WE COMPLETED THE PURCHASE. THANKS FOR ALL YOUR HELP
Response from Roper Properties
Thank you so much, Patrick, for your kind words and for taking the time to leave us such a wonderful review. It was a real pleasure helping you find your property in Lanzarote. At Roper Properties, we believe buying a property should be an enjoyable and stress-free experience, and we're always happy to go the extra mile for our clients. Thank you once again for placing your trust in us. We wish you many happy years enjoying your new home in Lanzarote, and if you ever need any assistance in the future, we're only a phone call away. Best wishes, Chris Anderson & the Roper Properties Team
5 out of 5
We recently purchased a n apartment in PDC and Roper Properties were the auctioneers for the property. Chris was extremely helpful to us and always available to respond to queries and give helpful advice. This was vital for us as were in Ireland for most of the process. Thanks Chris! We have no hesitation in recommending Roper Properties. Sandra and Brendan
Response from Roper Properties
Thank you Sandra & Brendan for your kind words. It was a pleasure helping you through the process and I’m delighted we could make it as smooth and straightforward as possible for you. Wishing you many happy times in your new apartment in Puerto del Carmen 😊 Kind regards, Chris & the Roper Properties Team
5 out of 5
First of all we would like to say a massive thank you to the whole Team at Roper’s and five stars is definitely not enough!! From receiving the email about the property to actually picking up the keys the whole process was absolutely brilliant, totally seamless and each and every person on the team (in no particular order, Kevin, Chris, Rachel, Olivier and Anna) were so professional and helpful and nothing was too much trouble. They arranged everything for us from purchasing the property, NIE numbers, opening a bank account, sorting all the utilities etc into our names, all the legal stuff including our Spanish Wills, picking us up and attending any appointments with us, explaining everything along the way. We would also like to say an additional thank you for our wonderful house warming gift, we were invited to Ellen Roper’s art gallery (what a talented artist) at the back of the office and were asked to pick a painting for our new home, the painting will take pride of place and it was such a lovely surprise and again just put the ‘cherry on the top of the cake’ to their personal, professional and heartfelt wonderful service. We are so grateful to everyone who was involved and we would certainly recommend Roper’s to anyone. Thank you again and love to you all. Val & Richard (Goldspink) xx❤️🥰
Response from Roper Properties
Thank you so much for your wonderful review - it truly means a lot to all of us at Roper Properties. It was an absolute pleasure helping you through the whole process and we’re delighted everything went so smoothly from start to finish. I’ll be sure to pass your kind words on. We’re so pleased you enjoyed choosing the painting from our gallery - it’s lovely to know it will have pride of place in your new home. Thank you again for trusting us and for your recommendation. We look forward to seeing you both again when you’re back in Puerto del Carmen. Warmest regards, Chris
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